At this week's Information Security Media Group Fraud & Breach Summit in Bengaluru, India, national cybersecurity coordinator Lt. Gen. (retired) Rajesh Pant spoke about the challenges facing the country over the coming years.

The Reserve Bank of India is proposing that financial technology firms be allowed to test new products and services that might require the relaxation of certain compliance regulations in what's called a "regulatory sandbox" approach.

Ex-black hat Alissa Knight recently joined Aite Group's new cybersecurity practice, and among her first tasks: a hard look at the security of major financial institutions' mobile banking apps. The results may surprise you.

54 percent of survey respondents say their institutions' digital authentication measures are average or below when compared to their peers. And 55 percent rate themselves at average or below when it comes to their institution's current ability to apply the right amount of security to the right transactions at the...

As part of its ongoing push toward cashless payments, India is taking steps to ramp up the use of contactless payments, which are already becoming more common in Japan, South Korea, Australia, the U.K. and the U.S. What can be done to balance security vs. convenience?

The Reserve Bank of India intends to do away with the one-time password authentication process for online transactions. In a step in that direction, for the first time, it's allowing widespread tokenization of debit, credit and prepaid card transactions to enhance the safety of digital payments.

Email security in the era of the cloud is a critical concern for business leaders. This tool is a powerful way for businesses and services to communicate with their customers. From transaction notifications to billing statements to social media updates, email is a proven reliable and effective way for businesses to...

Digital transformation has made it increasingly easy for consumers to switch institutions at the least provocation.
But leaders like Capital One, Guardian Life, and Goldman Sachs are embracing change and moving to the cloud. They're creating great customer experiences - and fighting churn - by integrating email into...

The new India Post Payments Bank will take banking to the doorstep by using India's mammoth network of post offices. Postmen will perform digital transactions on their phones. That's raising concern among security leaders, who recommend adopting defense-in-depth security.

PSD2 requires European banks to provide communication interfaces to Third Party Providers (TPPs). These interfaces, generally referred to as APIs, will allow TPPs to build innovative financial services on top of the services provided by banks.
Download this white paper and learn about:
The PSD2 requirements for...

A leading mobile-based financial services company sought out fraud prevention tools. In the past, fraudsters used that company's customer accounts to funnel money via stolen identities. But with advanced device fingerprint technology, the company could detect multiple accounts created from the same device and suspend...

Since mobile banking usage is set to grow exponentially, banks must overcome structural challenges and
reconcile consumers' appetite for ease of use with the desire for greater security.
There are a growing number of fintech startups that have been able to overstep the legacy cost structures
and regulatory...

Technology, regulations and customer expectations all have evolved, but what does this mean for how organizations secure identities?
This evolution has proven to be a two-sided coin, particularly for financial institutions. It's not only allowing financial institutions to offer new, innovative products where...

The Secure Payments Task Force was established by the Federal Reserve Bank in 2015 in part to determine areas of focus and priorities for future action. Jim Cunha, a member of that task force, talks discusses how to advance payment system safety, fight fraud and ensure resiliency.

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